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Prosperity Kids
Child Development Accounts

What are Prosperity Kids Child Savings Accounts?

Prosperity Kids Child Savings Accounts are matched education savings accounts for limited-income households. Each Child Savings Accounts is opened with a $100 deposit and is matched 1:1—up to $200 per year and can be used for college or successful transition into adulthood. Parents also complete 10 weeks of financial capability and parent-child development education—including how to start a supplementary emergency savings fund to further stabilize the household.

Child Savings Accounts Data-backed Results

Evidence shows that success later in life often is predicated upon a financially informed and solvent foundation seeded with a modicum of savings during childhood. 

Children who are enrolled in and leverage their Child Savings Accounts are:
  • Four-to-six times more likely to attend college or some form of postsecondary education;
  • Three-and-a-half times more likely to earn a college degree;
  • 50 percent less likely to experience depression;
  • Primed for heightened socio-emotional development relative to their peers by preschool; and
  • More likely to shape, along with their family, a success-oriented, “college-going identity” frame—through which they envision their future aspirations, and work to bring them to fruition. 

Prosperity Kids Partners

  • Abiquiu Headstart / YDI
  • Española Headstart/ YDI 
  • FirstBorn 
  • Growing Up New Mexico, Inc.
  • Las Cumbres  Homevisitors
  • Las Companas
  • Northern New Mexico College
  • Partnership for Community Action 
  • Saranam
  • Washington Middle School 

​Financial Institutions 

  • Century Bank
  • Enterprise Bank and Trust
  • First American Bank
  • First Financial Credit Union 
  • Guadalupe Credit Union
  • Rio Grande Credit Union 
  • Southwest Capitol Bank
Learn more about the impact of CSAs

Prosperity Kids Share Their Savings-focused Dreams

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  • Home
  • About Us
    • Mission, Vision, & Values
    • Our Team
    • Our Board of Directors
    • News
  • Initiatives
    • Child Development Accounts
    • Individual Development Accounts
    • Fair Lending Options
    • Safe Accounts & Loans
    • Sustainable Household Energy Management
    • Community Solar
    • Impact
  • Our Partners
    • New Mexico Assets Consortium Resource Guide
  • Donate
    • Energy Equity Day
    • Leave a Legacy
    • Donate Stock & Fund Shares
  • Contact Us
  • Give Now